Tredje AP fonden Takes Position in The Charles Schwab Corporation $SCHW

Tredje AP fonden purchased a new position in The Charles Schwab Corporation (NYSE:SCHW) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 183,400 shares of the financial services provider’s stock, valued at approximately $18,323,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings in Charles Schwab by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 151,585,214 shares of the financial services provider’s stock worth $14,471,840,000 after purchasing an additional 403,133 shares during the last quarter. State Street Corp raised its position in shares of Charles Schwab by 1.0% in the 3rd quarter. State Street Corp now owns 73,156,290 shares of the financial services provider’s stock valued at $6,984,231,000 after purchasing an additional 691,671 shares in the last quarter. Fisher Asset Management LLC boosted its stake in shares of Charles Schwab by 1.3% during the 3rd quarter. Fisher Asset Management LLC now owns 21,646,588 shares of the financial services provider’s stock valued at $2,066,600,000 after buying an additional 269,898 shares during the last quarter. Primecap Management Co. CA grew its position in shares of Charles Schwab by 11.4% during the third quarter. Primecap Management Co. CA now owns 21,209,187 shares of the financial services provider’s stock worth $2,024,841,000 after buying an additional 2,174,381 shares in the last quarter. Finally, Viking Global Investors LP increased its stake in shares of Charles Schwab by 5.1% in the third quarter. Viking Global Investors LP now owns 16,583,101 shares of the financial services provider’s stock worth $1,583,189,000 after buying an additional 809,876 shares during the last quarter. Hedge funds and other institutional investors own 84.38% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on SCHW shares. Barclays upped their price target on shares of Charles Schwab from $117.00 to $127.00 and gave the company an “overweight” rating in a report on Friday. Morgan Stanley dropped their target price on shares of Charles Schwab from $135.00 to $125.00 and set an “overweight” rating for the company in a research report on Friday, April 17th. Truist Financial cut their target price on shares of Charles Schwab from $122.00 to $120.00 and set a “buy” rating on the stock in a research note on Wednesday, April 1st. UBS Group decreased their price target on Charles Schwab from $125.00 to $119.00 and set a “buy” rating for the company in a research note on Wednesday, April 8th. Finally, Piper Sandler boosted their price objective on Charles Schwab from $103.00 to $105.00 and gave the company a “neutral” rating in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Charles Schwab has a consensus rating of “Moderate Buy” and an average price target of $114.24.

Insiders Place Their Bets

In other news, insider Paul V. Woolway sold 7,941 shares of the firm’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $100.00, for a total transaction of $794,100.00. Following the completion of the transaction, the insider owned 29,866 shares in the company, valued at approximately $2,986,600. This trade represents a 21.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frank C. Herringer sold 2,520 shares of Charles Schwab stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $90.60, for a total transaction of $228,312.00. Following the completion of the transaction, the director directly owned 177,508 shares in the company, valued at $16,082,224.80. This represents a 1.40% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 126,924 shares of company stock valued at $12,268,634 in the last quarter. 6.30% of the stock is owned by insiders.

Charles Schwab News Summary

Here are the key news stories impacting Charles Schwab this week:

• Positive Sentiment: Deutsche Bank raised its price target on Charles Schwab to $128 from $127 and kept a Buy rating after the company’s investor day, reinforcing a constructive view on the firm’s outlook. Deutsche Bank Raises PT on The Charles Schwab Corporation (SCHW), Here’s Why
• Positive Sentiment: Schwab said it plans to use AI to bring personalized, high-net-worth-style financial insights to a broader customer base, a move that could improve engagement and support growth in advisory and platform services. Charles Schwab (SCHW) Plans AI Integration to Bring High-Net-Worth Insights to Mass Market
• Positive Sentiment: Jim Cramer said he thinks the market is “misjudging” Charles Schwab, adding to the bullish sentiment around the stock. Jim Cramer on Charles Schwab: “I Think the Market’s Misjudging This One”
• Positive Sentiment: Schwab’s investment strategist commentary that traders are positioning for higher bond yields may be seen as favorable for parts of its brokerage and cash-management business, helping explain investor interest in the name. Traders are positioning for continued increase in bond yields, says Charles Schwab’s Sonders
• Neutral Sentiment: Coverage on Schwab’s investor day and analyst slideshows keeps the stock in focus, but these pieces appear to be more recap than fresh catalyst. The Charles Schwab Corporation (SCHW) Analyst/Investor Day – Slideshow
• Neutral Sentiment: Broader articles about shifting portfolio preferences away from bonds and comparisons with other fintech/trading firms reference Schwab’s market position, but they do not directly change the company’s fundamentals. Robinhood, SoFi, and Webull Are Telling Very Different Stories (SCHW)

Charles Schwab Stock Up 1.6%

Shares of NYSE:SCHW opened at $92.30 on Tuesday. The stock has a market capitalization of $160.52 billion, a price-to-earnings ratio of 18.31, a price-to-earnings-growth ratio of 0.71 and a beta of 0.80. The Charles Schwab Corporation has a 1-year low of $85.76 and a 1-year high of $107.50. The company’s fifty day moving average is $92.95 and its two-hundred day moving average is $95.96. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.62 and a current ratio of 0.62.

Charles Schwab (NYSE:SCHW) last released its quarterly earnings data on Thursday, April 16th. The financial services provider reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.39 by $0.04. Charles Schwab had a net margin of 37.99% and a return on equity of 23.05%. The firm had revenue of $6.48 billion for the quarter, compared to analyst estimates of $6.39 billion. During the same quarter in the prior year, the business earned $1.04 earnings per share. Charles Schwab’s quarterly revenue was up 15.8% on a year-over-year basis. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. Equities analysts anticipate that The Charles Schwab Corporation will post 6.01 EPS for the current year.

Charles Schwab Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Friday, May 8th will be paid a $0.32 dividend. The ex-dividend date is Friday, May 8th. This represents a $1.28 annualized dividend and a dividend yield of 1.4%. Charles Schwab’s dividend payout ratio (DPR) is presently 25.40%.

About Charles Schwab

Charles Schwab Corporation (NYSE: SCHW) is a diversified financial services firm that provides brokerage, banking, wealth management and advisory services to individual investors, independent investment advisors and institutional clients. Its primary offerings include retail brokerage accounts, online trading platforms, Schwab-branded mutual funds and exchange-traded funds (ETFs), retirement plan services, custodial services for independent Registered Investment Advisors (RIAs), and banking products through Charles Schwab Bank.